WITH SPRING COMES HOUSE FEVER….

Rise in Property Prices is nothing to sneeze at!

The birds & the bees & a little sneeze….spring is most certainly in the air, can’t you smell it? It’s not just the flowers that are blossoming folks. The latest stats from RP Data show that Sydney property prices rose 0.1% last month, taking the increase over the quarter to 2.4%! That’s certainly nothing to sneeze at!

Overall, prices in Sydney are still more than 1% below where they were at this time last year, however these latest results will add weight to the optimists who believe the market is starting to turn the corner.

We have faith that the property market has clearly stabilised & fingers crossed that the rest of this year will yield better outcomes than those experienced in 2011.

The price of houses in Sydney had risen 0.3 % last month, & 2.8% over the quarter – the biggest quarterly house-price growth of all the major capital cities.

Fancy a bit of house fever? Check out our new site @ thenovakagency.com….bless you!